Showing 1 - 10 of 20
Thai tourism faces B40bn revenue collapse
Business, Molpasorn Shoowong, Published on 09/03/2026
» Thailand could lose more than 40 billion baht in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.
Minor Food mulls IPO in Hong Kong by end of 2026
Business, Molpasorn Shoowong, Published on 23/02/2026
» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).
Event organisers still buoyant
Business, Molpasorn Shoowong, Published on 05/01/2026
» Despite Vietnam's massive investment in new venue infrastructure, event organisers in Thailand remain confident the country can still compete for event and festival tourism, banking on a variety of venues and its ability to attract both high-spending attendees and repeat visitors.
Sansiri preps 29 projects in Phuket under 5-year plan
Business, Molpasorn Shoowong, Published on 06/08/2025
» SET-listed developer Sansiri plans to launch 29 residential projects worth 33 billion baht in Phuket under a five-year plan, driven by new demand from both locals and foreigners.
Domestic meetings getting more attention
Business, Molpasorn Shoowong, Published on 24/05/2025
» More Thai companies are opting for domestic meetings instead of travelling abroad due to economic uncertainty this year, helping to propel domestic Mice (meetings, incentives, conventions and exhibitions) revenue to 86 billion baht from 26 million travellers this year, according to the Thailand Convention and Exhibition Bureau (TCEB).
Chinese-owned restaurants gain ground in Thailand
Molpasorn Shoowong, Published on 25/04/2025
» Thai restaurants are facing greater competition from Chinese-owned restaurants using imported ingredients and serving Chinese tourists, says the chef and owner of Thailand’s first Michelin three-star restaurant.
Asset World sinks its teeth into Jurassic World
Business, Molpasorn Shoowong, Published on 19/12/2024
» SET-listed Asset World Corp (AWC) invested 1.4 billion baht in a new attraction, Jurassic World: The Experience, slated to open in the second quarter next year, part of the first phase of its five-year plan for Asiatique The Riverfront.
‘Winter Festivals’ to give tourism a lift
Molpasorn Shoowong, Published on 29/10/2024
» The “Winter Festivals”, a series of events during the last two months of the year, should accelerate annual tourism revenue to reach 2.78 trillion baht, short of the government’s target of 3 trillion for 2024.
Tourism minister urged to brace for the worst
Molpasorn Shoowong, Published on 06/09/2024
» Tourism operators have warned the new tourism minister to brace for a nosedive in the global economy and fiercer competition next year, urging the government to start planning for the worst-case scenario from this year.
Demand for private jets on the rise
Business, Molpasorn Shoowong, Published on 27/07/2024
» The business jet market in Asia has become more diverse without any significant domination by China, thanks to growing numbers of clients across the region who are opting for private aircraft to enhance their operations, according to Dassault Aviation.